Founded in 1993, Softline focuses on distributing software licenses and services including integration, consulting, technical and legal support, and IT outsourcing. At a global level, the company distributes products from 3,000 vendors.

Softline International expects its Latin America revenues to expand 30% this fiscal year, ending March 2012, company regional director Igor Petlyakov previously told BNamericas. The company also sees revenues from Latin America accounting for 3-5% of the global total this fiscal year.

In Latin America, the firm also has operations in Argentina, Colombia and Venezuela.

Symantec is a US security firm which provides a broad range of content and network security software and appliance solutions to enterprises, individuals and service providers. Products include solutions for management of data, application and infrastructure, security, and storage and service, as well as enterprise and consumer security, and response and managed security services. Symantec,...

VMware is a US provider of virtualization solutions from the desktop to the data center. The company provides solutions that enable customers to reduce capital and operating expenses, improve agility, ensure business continuity, strengthen security and go green. It works closely with over 900 technology partners, including server, microprocessor, storage, networking and software vendors. VMware...

Autodesk is a U.S. company providing a range of software and services for the manufacturing, infrastructure, building, digital media and wireless data services fields. The company's solutions enable its customers to create, manage and share their data and designs digitally. Founded in 1982, Autodesk is headquartered in San Rafael, California. Latin American headquarters are located in Miami, Fl...

US-based Microsoft Corp. is a company engaged in developing, manufacturing, licensing, and supporting a range of software products and services for different types of computing devices. It operates through five business segments: client, server and tools, online services business, Microsoft business division, and entertainment and devices division. Client has overall responsibility for technica...

Founded in 1997, Kaspersky Laboratories is a Russian antivirus software developer that offers protection against viruses, spyware, hackers and more, for home, small office, and business PCs and laptops. Kaspersky Lab operates in almost 200 countries and territories with 33 representative regional offices, including Argentina, Brazil and Mexico, providing protection to over 400mn people and 270,...

US-based Adobe Systems is a provider of network publishing that offers a comprehensive line of creative, business, web and mobile software and services for enterprise and professional customers. Its products enable customers to create, manage and deliver visually rich and reliable content. The company's products and services are categorized into four businesses: creative solutions, business pro...

Oracle is a US enterprise software company. The company develops, manufactures, markets, distributes and services database and middleware software as well as applications software. It is organized into two businesses, software and services, which are further divided into five operating segments. The software business is comprised of two operating segments: new software licenses and software lic...

International Business Machines Corp. (IBM) is a US multinational technology and consulting corporation. IBM provides hardware, including desktop and notebook PCs, mainframes, servers and storage systems, as well as software; financial services; and a broad range of IT services. The company's major operations comprise five segments: global technology services; global business services; softwar...

BNamericas delivers on-the-ground insight and trusted business intelligence to companies and investors active in and entering Latin America. Identifying opportunities early on and connecting clients with decision-makers across 12 industries, BNamericas is the edge your company needs in Latin America.

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Methodology & Procedures

Definitions

Projects covered include state-owned and private projects in the Infrastructure, Electric Power, Oil & Gas (excluding upstream), Water and Waste, and Mining sectors.

Where applicable, a project is considered as such until the end of construction and ramp-up to full capacity (with the exception of mining projects, where the date of commissioning signifies the end of the project). Projects must have a:

Data

For state-owned projects, initial information about the start date and estimates for completion and investment are taken from original signed contracts, along with addendums and annexes.

If original contracts cannot be obtained, information is taken from public documents, presentations, news articles from BNamericas archives, and external sources.

In cases where contracts are subject to approval by legislators, the start date is the date of the law or legislative approval.

In the case of private projects, information is taken from public sources, such as stock exchange filings, annual reports, company presentations, third party research and press releases.

In judging the timing of investment decisions for private projects, great care was taken to differentiate between large projects receiving environmental approval and proceeding directly to construction, and smaller projects where the investment decision hinges on securing financing.

Best care is taken to ensure that recorded data is correct at the time of entry and that each entry is backed with a relevant source.

The greatest care possible was taken to ensure consistency of information in order make a like-for-like comparison in project costs. Insofar as the figures rely on disclosure by the organization or company responsible, the figures can be considered to be conservative in nature.

No attempt was made to adjust figures for inflation during the course of research or for consideration of the time value of money.

Validation

In the case of state-owned projects, validation is carried out where possible with either a member of the consortium, EPC contractor, a relevant state agency or advisors to either party.

Currency

Projects costs are measured in US dollars. Where project costs are measured in a local currency, amounts are converted to US dollars at the date of the relevant announcement, signature or report.

Severity of deviation from original estimates

The severity of deviation from original estimates is defined according to set criteria.

Timing

Status

Condition

Ahead of time

95% of original estimate or below (measured in months)

On time

95% to 105% of original estimate

Minor changes

105% to 120% of original estimate

Medium changes

120% to 160% of original estimate

Major changes

Over 160% of original estimate

Budget

Status

Condition

Ahead of budget

95% of original budget estimate or below

To budget

95% to 105% of original budget estimate

Minor changes

105% to 120% of original budget estimate

Medium changes

120% to 140% of original budget estimate

Major changes

Over 140% of original budget estimate

Changes in Scope

Changes in scope beyond the start date are not accounted for.

Language definitions

Where guidance is non-specific as to dates for completion, the following is used. Project to be completed by 2018 = December 31, 2017 Project to be completed in 2018 = December 31, 2018